Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to post gains over the past 30 days. Currently, out of the 74 AI-focused cryptocurrencies listed, the net worth of all these tokens has risen to over $4 billion, representing 0.37% of the total value of the crypto economy.
Most of the listed AI cryptocurrencies see positive gains over the past month
Artificial intelligence (AI) has been a dominant topic in 2023, resulting in a significant increase in the value of AI-focused tokens this year. Bitcoin.com News reported the rise of these cryptocurrencies in late January, and despite a brief pullback in mid-February, the IA cryptoassets continued to post gains throughout the month.
According data From cryptoslate.com, 74 AI-focused digital currencies are now worth $4.03 billion, representing 0.37% of the overall crypto market and 1.19% of the smart contract token market. Furthermore, most of the 74 listed cryptocurrencies associated with artificial intelligence have seen positive gains in the past month.
The largest of the AI-focused digital currencies is Graphite (GRT), with a current market valuation of approximately $1.42 billion. TRB has risen 70.57% against the US dollar in the last 30 days. Singularitynet (AGIX), the second largest AI-focused crypto asset, is up 132.67% this month.
Fetch.ai (FET) increased 53.21% and Ocean Protocol (OCEAN) increased 7.26% in the 30-day period. Iexec rlc (RLC), the fifth largest AI-focused token, rose 6.29% against the US dollar last month. The top five AI digital currencies, namely graph (GRT), singularitynet (AGIX), fetch.ai (FET), ocean protocol (OCEAN), and iexec rlc (RLC), account for $2.69 billion, or 67.3 %, of the AI. -$4 Billion Crypto Economy.
Other notable gainers in the AI digital currency market this month include alethea’s artificial liquid intelligence (ALI) token, which is up 30.28%; global phoenix (PHB), which grew by 23.64%; xmon (XMON), which jumped 30.47%; measurable data token (MDT), which increased by 124.97%; and singularitydao (SDAO), increases by 121.48%.
At time of writing, the 74 AI-focused digital currencies are collectively up 3.07% against the US dollar over the past 24 hours. However, in the last seven days, the AI digital currency sector has experienced a 4.14% drop in value. The trading volume of the AI digital currency market in the last day was approximately $444.39 million. This figure represents 0.8% of the current global trade volume of $55.39 billion in the last 24 hours.
What do you think about the continued growth of AI-focused crypto assets? Do you think these digital currencies will continue to experience significant gains in the future? Share your thoughts in the comments section below.
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